LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 20, 2023 TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4550 by Cunningham (Relating to the qualified allocation plan and manual adopted for the allocation of low income housing tax credits.), As Engrossed No significant fiscal implication to the State is anticipated. Based on the analysis of the Texas Department of Housing and Community Affairs, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 332 Department of Housing and Community Affairs LBB Staff: b > td > JMc, AF, SLee LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 20, 2023 TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4550 by Cunningham (Relating to the qualified allocation plan and manual adopted for the allocation of low income housing tax credits.), As Engrossed TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4550 by Cunningham (Relating to the qualified allocation plan and manual adopted for the allocation of low income housing tax credits.), As Engrossed Honorable Paul Bettencourt, Chair, Senate Committee on Local Government Honorable Paul Bettencourt, Chair, Senate Committee on Local Government Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB4550 by Cunningham (Relating to the qualified allocation plan and manual adopted for the allocation of low income housing tax credits.), As Engrossed HB4550 by Cunningham (Relating to the qualified allocation plan and manual adopted for the allocation of low income housing tax credits.), As Engrossed No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. Based on the analysis of the Texas Department of Housing and Community Affairs, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 332 Department of Housing and Community Affairs 332 Department of Housing and Community Affairs LBB Staff: b > td > JMc, AF, SLee JMc, AF, SLee